Word: anti-trust
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...Some one said that manufacturing chemists of the U. S. had addressed President Coolidge on the subject of altering the Sherman Anti-Trust Law. For reasons other than the reasons of industrial chemists, Labor wants this law changed (TIME, Oct. 24). For yet other reasons, oilmen want this law changed. When interviewed, President Coolidge said he recalled no letters from industrial chemists about the anti-trust law, adding that he thought oilmen had the. most legitimate grounds for seeking a change. Petroleum is limited in the U. S. If U. S. oilmen are not permitted to combine and limit production...
...Ohio. Speeches were fiery in denunciation of "government by injunction. " Vice President Matthew Woll adjured his brethren to bring the issue before the country "dramatically, tragically, if necessary," and reiterated what Labor has felt ever since the U. S. Supreme Court's celebrated "Stonecutter Decision,"* that the Sherman Anti-Trust Law and the Clayton Act, once enthusiastically backed by Labor, are weapons that have turned in Labor's hand to Labor's own destruction...
...from hydro-electric establishments at Niagara Falls, at Conowingo (now building by Philadelphia Electric) and on the St. Lawrence River near Ogdensburg, N. Y. (planned by General Electric). Although physical properties of these companies will be as one, their financial fabric cannot be closely knit under present interpretations of anti-trust laws. Anticipating that Congress will discuss such power mergers, interested companies are putting into motion a vast machinery to explain to Congress and to the voters the powerman's attitude...
...Federal income tax law, provided no immunity to return-filers whose income was received from incriminating sources. He stood on his constitutional right to withhold incriminating evidence. The U. S. Treasury Department fought him hard, to avert a precedent whereby, for example, many a corporation secretly violating the anti-trust law might refuse to file income tax returns. . . . The Court pondered...
...Rogers (Standard Oil); John W. Gates, speculator from California; August Belmont, Charles T. Yerkes and Thomas Fortune Ryan who managed street railways to their own profits. Those of these men who still live have become mel-lowed?by discretion and by the workings of old age and the Sherman Anti-Trust Law which Congress in fury at them passed...